BNY Mellon Inc. (NYSE: BK) retains value because it is the world’s largest custodian bank with $41 trillion in assets under management.
Serum (SRM) is both a cryptocurrency, and a decentralized exchange (DEX). Serum itself is a DEX they built on the Solana (SOL) blockchain. The hope for Serum is to lower trading…
Scientists think the laser briefly ignited a chain reaction they call plasma burning, FutureTimeLine claims. In plasma burning, the fusion reactions get hot enough to trigger more fusion reactions. The hope is to use the laser to trigger a self-sustaining fusion reaction that can generate power.
Avalanche claims its blockchain can process 4,500 transactions per second (TPS) and complete the average transaction in two seconds.
For example, the TerraUSD (UST) could be the first scalable decentralized stablecoin. They also claim TerraUSD is yield bearing.
Hence, Solana (SOL) has a massive ecosystem that comprises dozens of apps and cryptocurrencies. In addition, many of those apps, such as Audio, could have genuine moneymaking capabilities.
The Audius platform scales by interfacing with the Solana (SOL) blockchain. Solana claims its blockchain can process 50,000 transactions per second. Hence, Audible could process hundreds of thousands of purchases of a best-selling song without crashing.
Comparatively, Foot Locker’s cash and short-term investments are roughly one 18th of the amount of cash and short-term investments Amazon added in the last year. Therefore, I could not see how Foot Locker (FL) can compete with Amazon (AMZN).
Importantly, designers claim Raydium offers Ecosystem-Wide Liquidity for users and projects. Liquidity is the ability to convert cryptocurrency into spendable cash. Without, liquidity cryptocurrency is worthless.
Today, Wolverine Worldwide (NYSE: WWW) owns several shoe and clothing brands. Those brands include Wolverine, Keds, Merrell, Sperry, Stride Rite, Sperry, Saucony, Chaco, Hush Puppies, HYTEST, Bates, Cat Footwear, and Harley-Davidson Footwear. Hence, Wolverine is a consumer products company with some exposure to retail.
Similarly, the number of MasterCard credit cards in the United grew from 242 million in the first quarter of 2020 to 249 million in the first quarter of 2021.
Hence, Nike is cashing in on both the Olympics and the hysteria about COVID-19. Nike also got lucky because the Venturer is on the world’s TV screens just as the Centers for Disease Control and Prevention’s (CDC) new mask requirements became public.